This The time of weddings is going on across the country. A large part of the youth population is tied in marriage these days. After purchasing a house, marriage is the second largest financial expenditure in any person’s life. In such a situation, when you are spending such a huge amount, it becomes equally important to insure it. Nowadays Wedding Insurance (Marriage Insurance) is in trend. Let’s know what it is and why it is important for you.
What is wedding insurance?
In today’s weddings, there is a huge cost of millions of crores. In such a situation, wedding insurance is very important to compensate for the loss due to an unexpected cause in marriage. This is a cover that protects us from financial losses caused by any disruption, including the cancellation of marriage ceremony or postponing. Wedding insurance also covers the possibility of damage to personal or public property due to natural and man -made threats.
What are the benefits of wedding insurance?
Wedding insurance provides protection from many unexpected risks. It provides cancellation of marriage ceremony, damage to property or injury/death cover due to natural and man -made disasters.
These things are covered in wedding insurance
Natural disasters
Conditions like unseasonal rain, storm, hailstorm, sand storm, tsunami and divine disaster.
Damage to marriage venue
Fire and related hazards, earthquakes, floods, cyclones (resulting in the program cancels) damage or damage to the venue, causing the venue to become unusable.
Man -made disasters and other conditions
Riots, curfews (as declared by local police and/or concerned government authority).
Family events
During the implementation of the policy, unexpected incidents such as the groom, bride and blood relatives (parents of groom/groom, brother, sister) or accident are also some other things that are covered under this policy.
Add-on and riders
Wedding insurance policy often offers add-ons and riders. These additional coverage such as attire (dress) and honeymoon coverage can prove to be extremely important in specific circumstances. For example, imagine if the wedding gown is damaged or lost on the way, a attire (dress) coverage rider can save that important day from deteriorating. Similarly, honeymoon coverage can also provide financial security in the event of an unexpected event during the journey. Wedding insurance not only protects your large financial investment, but it also relieves you and your family from the stress of unexpected situations, so that you can enjoy your special day.
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